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I wasn't planning to watch the afternoon market for long, but later I sat down and reviewed $SOXL , and found that this bearish momentum hasn't really completely finished yet.
After hitting the previous high around 177, the 4-hour chart started to weaken continuously, and every subsequent pullback lacked sustainability. Not until the price was pushed back to around 154 did the bearish direction become completely clear.
For the brothers who followed along, if you already held positions from earlier in this wave, the focus now is not on chasing to add more, but on how to handle the key levels.
In the short term, first look at around 150 below. This is the recent low and also the watershed for continued bearish release. Only if it breaks, will there be a chance to look at 145 or even lower.
For pullbacks above, first watch 163, then further up around 174. As long as it doesn't return above these two levels, the overall outlook remains bearish with a rebound bias.
After profits from such trades come out, the rhythm must be steadier than emotions. The further you go, the less you should chase recklessly. $BTC $LAB #美国比特币ETF净流入4026枚BTC